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Day: November 15, 2023

Correction: Continued good sales and earnings performance

Overall, good demand so far but with large variations. Return to normal delivery times.  Sales rose by 23.2% to SEK 34,993 (SEK 28,404) million  Profit after net financial items amounted to SEK 4,953 (3,904) million. Profit after net financial items in the previous year was boosted by non-recurring gains of SEK 118 million: SEK -114 million in Q1 and SEK +232 million in Q2  Earnings per share amounted to SEK 1.89 (SEK 1.48)  Acquisitions of Miles Industries of Canada, Climate for Life of the Netherlands, Solzaima of Portugal and Ceramicx of Ireland “Overall, growth in demand has been good, but there are large variations between markets and product segments. Our strong position in the property refurbishment market as well as product segments focusing on sustainable energy solutions gives us a robust profile even in the current, weaker...

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AMD Brings New AI and Compute Capabilities to Microsoft Customers

— AMD Instinct MI300X Accelerators will power new Microsoft Azure virtual machine series optimized for AI — — 4th Gen AMD EPYC processors are also now being used to run a new generation of general purpose, memory-intensive and compute-optimized VMs — SANTA CLARA, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) — Today at Microsoft Ignite, AMD (NASDAQ: AMD) and Microsoft featured how AMD products, including the upcoming AMD Instinct™ MI300X accelerator, AMD EPYC™ CPUs and AMD Ryzen™ CPUs with AI engines, are enabling new services and compute capabilities across cloud and generative AI, Confidential Computing, Cloud Computing and smarter, more intelligent PCs. “AMD is fostering AI everywhere – from the cloud, to the enterprise and end point devices – all powered by our CPUs, GPUs, accelerators and AI engines,” said Vamsi...

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Pinnacle Bankshares Corporation Increases Quarterly Cash Dividend to 25 Cents per Share

ALTAVISTA, Va., Nov. 15, 2023 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on November 14, 2023, payable December 8, 2023, to shareholders of record as of November 24, 2023. The $0.25 per share cash dividend is an increase of $0.05 per share, or 25%, compared to the $0.20 per share cash dividend paid last quarter and marks the forty-fifth consecutive quarter that a dividend has been declared. “Pinnacle is pleased to increase the quarterly cash dividend to $0.25 per share for our shareholders based on our year-to-date 2023 record high performance,” stated Aubrey H. Hall, III, President and Chief Executive Officer for both the...

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NVIDIA Introduces Generative AI Foundry Service on Microsoft Azure for Enterprises and Startups Worldwide

NVIDIA AI Foundry ServiceNow available on Microsoft Azure, the NVIDIA AI foundry service includes a collection of NVIDIA AI Foundation Models, NVIDIA NeMo framework and tools, and NVIDIA DGX Cloud AI supercomputing services.SAP, Amdocs, Getty Images Among First to Build Custom LLMs With NVIDIA AI Foundation Models, Train on NVIDIA DGX Cloud, Deploy With NVIDIA AI Enterprise Software SEATTLE, Nov. 15, 2023 (GLOBE NEWSWIRE) — Microsoft Ignite— NVIDIA today introduced an AI foundry service to supercharge the development and tuning of custom generative AI applications for enterprises and startups deploying on Microsoft Azure. The NVIDIA AI foundry service pulls together three elements — a collection of NVIDIA AI Foundation Models, NVIDIA NeMo™ framework and tools, and NVIDIA DGX™ Cloud AI supercomputing services...

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SP Group – Interim report for third quarter 2023

SP Group generated revenue of DKK 1,953.2 million in the 9M 2023 reporting period, a decline of 2.7% from DKK 2,007.5 million in 9M 2022. EBITDA was down by 8.6% to DKK 323.9 million from DKK 354.4 million last year, and profit before tax fell by 31.5% to DKK 139.0 million. FY 2023 guidance is maintained. SP Group continues to expect FY 2023 revenue to grow by 0-10% with an EBITDA margin of 16-19% and an EBT margin of 7-10%. SP Group generated revenue of DKK 1,953.2 million in the 9M 2023 reporting period, a decline of 2.7% from DKK 2,007.5 million in 9M 2022. EBITDA was down by 8.6% to DKK 323.9 million from DKK 354.4 million last year, and profit before tax fell by 31.5% to DKK 139.0 million. FY 2023 guidance is maintained. SP Group continues to expect FY 2023 revenue to grow by 0-10% with an EBITDA margin of 16-19% and an EBT margin...

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PodcastOne (PODC) Acquires Exclusive Rights to Lost In Panama Podcast Including IP for TV/ Film

– Acquisition Includes Season 1 of Lost In Panama, Downloaded Over 2 Million Times – Company Expects Acquisition, Paid in Stock, to be Immediately Accretive to Revenues & EBITDA – Documentary Series in Development – 19 New Shows Added this Year LOS ANGELES, CA, Nov. 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – PodcastOne (NASDAQ: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it acquired the exclusive sales and distribution rights, as well as certain ownership and IP/derivative rights, to a top true crime podcast, Lost In Panama. Named a “Top 10 True Crime Podcast” by Mashable, Lost In Panama launched in 2022 and was the 22nd largest new podcast across all genres during that year. Lost In Panama season 1 told the story of two Dutch friends...

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STEALTHGAS INC. Announces the Date for the Release of the Third Quarter and Nine Months 2023 Financial and Operating Results, Conference Call and Webcast

ATHENS, Greece, Nov. 15, 2023 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its third quarter operating and financial results for the period ended September 30, 2023 before the market opens in New York on November 21, 2023. On November 21, 2023 at 11:00 am ET, the company’s management will host a conference call to discuss the results and the company’s operations and outlook. Conference Call details: Conference call participants should pre-register using the below link to receive the dial-in numbers and a personal PIN, which are required to access the conference call. Online Registration: https://register.vevent.com/register/BIc9d639270b9242e791b8bf60598acfb3 Slides...

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Rivalry Announces $14 Million Investment to Accelerate Growth

Capital Injection to Scale Several Strategic Verticals Across Marketing, Product Development, and Geographic Expansion as Rivalry Focuses on Achieving Profitability in H1 2024 TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for Millennials and Gen Z, today announced a non-brokered private placement offering of convertible debentures (“Convertible Debentures“), and the closing of the first tranche of such offering for aggregate gross proceeds of $14,000,000. The investment comprising this initial closing came from an existing institutional shareholder. All dollar figures are quoted in Canadian dollars. Under the Offering, each Convertible Debenture will consist of $1,000 principal amount of 10% senior...

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Jamf is a Proud Participant in the Microsoft Security Copilot Partner Private Preview

MINNEAPOLIS, Nov. 15, 2023 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF) today announced its participation in the Microsoft Security Copilot Partner Private Preview. Jamf was selected based on their proven experience with Microsoft Security technologies, willingness to explore and provide feedback on cutting edge functionality, and close relationship with Microsoft. “AI is one of the defining technologies of our time and has the potential to drive meaningful, step-change progress in cybersecurity,” said Ann Johnson, Corporate Vice President, Microsoft Security Business Development. “Security is a team sport, and we are pleased to work alongside our Security Copilot partner ecosystem to deliver customers solutions that enhance cyber defenses and make the promise of AI real.” Jamf is working with Microsoft product teams to help shape Security...

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Allied Announces November 2023 Distribution

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of November 2023, representing $1.80 per unit on an annualized basis. The distribution will be payable on December 15, 2023, to unitholders of record as at November 30, 2023. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people. FOR FURTHER INFORMATION, PLEASE CONTACT: Cecilia C. Williams, President...

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